EXCERPT: “Today, RE/MAX INTEGRA, Midwest released its 2018 Market Trends Report providing insight into the latest housing data and trends in Minnesota. Much like last spring, the strong sellers’ market continues, but this year, buyers are competing for even fewer homes than were on the market this time last year. According to the Minnesota Association of Realtors, 12 percent fewer homes were listed for sale in the first quarter of 2018 than in the first quarter of 2017, while average sales price has increased 7 percent.” FULLSTORY: https://prn.to/2InRYzk

EXCERPT: “Affordable housing was one of those issues that was expected to get some attention during the 2018 session of the Minnesota Legislature. It had been a prime issue in city elections in St. Paul and Minneapolis, not to mention something likely to come up during elections this fall. So housing advocates came to the Capitol with a record-high bonding request: $140 million. Meanwhile, a bill to create an affordable housing tax credit on state income taxes, like North Dakota, had bipartisan support. But with the number of days in the legislative session approaching single digits, what’s actually been accomplished?” FULLSTORY: http://bit.ly/2IfgItf

EXCERPT: “In St. Paul, an industrial area near the city’s University Avenue border with Minneapolis is about to get a makeover. Developers plan two new public parks and three new streets south of the Green Line’s Westgate Station. Affordable-housing apartments for seniors and for working families is proposed for the site, too . . . The two affordable-housing developments in the works would serve different markets. At 700 Emerald St., Dominium plans to construct a 121-unit, four-story “workforce” apartment building at the former site of a Weyerhaeuser Lumber distribution facility, which closed in 2016. The apartments would serve workers and small families earning no more than 60 percent of area median income. Meanwhile, the Legends at Berry Senior Apartments, a four-story, 242-unit senior apartment building, will sit across a future new street.” FULLSTORY: http://bit.ly/2JQ0cxk